Recap: Applied Optoelectronics Q3 Earnings

Applied Optoelectronics (NASDAQ:AAOI) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:10 PM.

Here's what investors need to know about the announcement.

Applied Optoelectronics reported in-line EPS of $-0.05 versus an estimate of $-0.05.

Revenue was up $5.85 million from the same period last year.

Last quarter the company beat on EPS by $0.07 which was followed by a 67.07% increase in the share price the next day.

Here's a look at Applied Optoelectronics's past performance:

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	-0.28	-0.18	-0.30	-0.29
EPS Actual	-0.21	-0.25	-0.19	-0.26
Revenue Estimate	45.43M	53.77M	61.29M	58.83M
Revenue Actual	41.62M	53.00M	61.58M	56.69M

To track all earnings releases for Applied Optoelectronics visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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